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Home2024May

Month: May 2024

Coal
Climate Crisis

G7 Agrees To End Coal Use But Can It?

May 5, 2024 Stu Turley

The United States, the UK, Italy, France, Japan, Germany, and Canada this week struck an agreement to end the use of coal for power generation by 2035. Coal as a source of power generation across […]

Chevron
Big Oil Companies

Chevron working to resume full Gorgon LNG production after ‘mechanical fault’

May 5, 2024 Stu Turley

Chevron Australia, a unit of US energy giant Chevron, is working to resume full production from its Gorgon LNG terminal in Western Australia following a “mechanical fault” which is affecting one LNG production train. “The […]

Cheniere
Earnings

Cheniere: Q1 revenue down to $4.3 billion, Corpus Christi expansion 56 percent complete

May 5, 2024 Mariel Alumit

US LNG exporting giant Cheniere reported a 42 percent drop in its quarterly revenue due to lower prices, while its net profit decreased 91 percent. The company’s Corpus Christi Stage 3 project is 55.9 percent […]

Boeing
Geopolitical

Sanctions on Russia adding to Boeing’s woes – WSJ

May 5, 2024 Mariel Alumit

  The US company has warned investors it will not be able to deliver the planned number of Dreamliner jets this year, according to the paper Boeing is experiencing problems with the production of its […]

Russian uranium
Energy Crisis

Ban on Russian uranium helps US build nuclear fuel capacity, official says

May 4, 2024 Stu Turley

WASHINGTON, May 3 (Reuters) – The U.S. has been preparing since 2022 for the possibility that Russian President Vladimir Putin would stop selling it nuclear power fuel, and a pending ban on Russian imports will […]

Maryland
Energy Transition

Maryland state senators urge Gov. Moore to veto wind energy bill. Here’s why.

May 4, 2024 Stu Turley

Senators Mary Beth Carozza (R-District 38), Johnny Mautz (R-District 37), Stephen Hershey (R-District 36), and Jason Gallion (R-District 35) are calling on Gov. Wes Moore to veto House Bill 1296 – Electricity – Offshore Wind Projects – […]

Climate Crisis

FutureCoal Calls for Balanced Approach to Energy Policy Amidst G7 Announcement on Unabated Coal

May 4, 2024 Stu Turley

Following the Group of Seven (G7) forum’s declaration to phase out unabated coal by 2035, global coal organization FutureCoal has urged world leaders to adopt a balanced, pragmatic, and responsible approach to energy policy. Following […]

Tesla
Electric Vehicles

Tesla battery material supplier tops list of human rights abuses for second year in a row

May 4, 2024 Stu Turley

Tesla buys battery materials from the mining giant with the most allegations of human rights abuses against it in a database of abuses tied to clean energy. Mining company Glencore has racked up at least […]

Net Zero
Agriculture

Net Zero’s days are numbered? Why Europeans are souring on the climate agenda

May 4, 2024 Stu Turley

Dr. Benny Peiser recently spoke about how the E.U. and various European nations have started a ‘rollback’ of their climate agendas due to ‘increasing costs and increasing hostility from the public.’ A recent presentation given […]

Gazprom Group
Earnings

Gazprom Group Reports First Net Loss in 24 Years

May 4, 2024 Stu Turley

Russia’s state-controlled gas giant reported its first annual net loss since 1999 on falling shipments to Europe and lower prices for the fuel. Gazprom Group, which also includes oil and power businesses, posted a 629 […]

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